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World Oil News
Oil held gains near the highest since 2018 amid a global energy crunch that’s set to increase demand for crude, while stockpiles are falling from the U.S. to China. Source
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Interior Secretary Deb Haaland suggested a sharply limited role for fossil fuel extraction on U.S. federal lands and waters in her most expansive comments yet on the administration’s overhaul of oil and gas leasing. Source
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Almost four weeks after Hurricane Ida hit Louisiana, Gulf of Mexico oil producers are far from calling it over. Source
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The Noia Oil and Gas Conference 2021 concluded after two highly successful days discussing the recent challenges faced but with a keen focus on creating a successful future for the Newfoundland and Labrador offshore oil and gas industry. Source
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The competition, managed by the Oil and Gas Authority, is designed to advance the widespread electrification of offshore installations on the UK Continental Shelf, which are powered by gas or diesel. Source
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The Arctic LNG 2 is located in Gydan, Northern Russia and is one of the world largest LNG projects under construction today with a total capacity of 3 x 6.6 million tons per annum. Source
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AVEVA, says 85% of industrial businesses plan to increase their investment in digital transformation over the next three years in order to tackle climate change, embrace automation and unlock the performance benefits of advanced technologies. Source
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Europe’s worst energy crisis in decades could drag deep into the cold months as Russia is unlikely to boost shipments until at least November. Source
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Syncrude Canada Ltd., a light crude producer majority-owned by Suncor Energy Inc., cut September supplies due to a mechanical disruption at its oil sands site, according to a person familiar with the situation. Source
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ChampionX will deliver its range of chemical management services to Vår Energi, which encompasses the deployment of its asset integrity, phase separation, flow assurance and enhanced oil recovery chemical technologies. Source
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